Introduction


Fed up with generic EAs that max out your drawdown and sleep on profitable gold moves? The Dragon Gold EA V2.1 MT4 is here to change that narrative. This free-to-download Expert Advisor zeroes in on XAUUSD with an AI-driven algorithm, adaptive volatility filters, and iron-clad risk controls. Think of it as your personal dragon: guarding your capital while hunting for golden opportunities… no more guesswork, just precise entries and smart exits, coz that’s how you conquer the gold market.


Overview



  • Analyzes real-time volatility and momentum on multiple timeframes

  • Opens limit and market orders based on proprietary pattern recognition

  • Scales positions dynamically to the current market pulse


Key Features



  • AI-Enhanced Signal Engine: Learns from past price behavior to spot high-probability gold setups.

  • Volatility-Based Grid: Automatically adjusts grid spacing from 5 to 20 pips based on ATR readings.

  • Smart Position Sizing: Uses fixed-fractional lot sizing with user-defined risk (e.g., 1% per trade), not dangerous martingale.

  • Dynamic Stop-Loss & Take-Profit: Trails stop-loss behind price swings and locks in partial profits at key Fibonacci levels.

  • Drawdown Guard: Halts trading for the day if your account dips below a set drawdown threshold (default 6%).

  • Session Filter: Trade only during high-liquidity windows—London Open, New York Open, or 24/5.

  • News & Event Avoidance: Pauses new entries around FOMC, NFP, and other high-impact events.

  • Multi-Pair Ready: Although built for XAUUSD H1, it also works on other metals like XAGUSD.


Backtest Results & Proof


In a 3-year backtest on XAUUSD H1 (Jan 2020–Dec 2022) with 0.1-lot start size:



  • Net Profit: +42.7%

  • Max Drawdown: 5.9%

  • Profit Factor: 1.55

  • Total Trades: 980



The equity curve shows steady gains even during gold’s choppy 2020 swings. In live-demo since Feb 2024, it’s posted +18% returns with under 4% drawdown—proof that Dragon Gold tames volatility, not fights it.


How to Install & Configure


Download the EA from fxcracked.org:
https://fxcracked.org/dragon-gold-ea-v2-1-mt4


Copy DragonGoldEA.ex4 into your MT4’s MQL4/Experts folder.


Restart MetaTrader 4; find “Dragon Gold EA V2.1” in Navigator.


Drag onto the XAUUSD H1 chart.


In Inputs, tweak:



  • RiskPercent (default 1.0)

  • ATR_Multiplier (default 1.2)

  • MaxDailyDD (default 6.0)

  • EnableNewsFilter = true


Ensure AutoTrading is on, then click OK.


Why Choose Dragon Gold EA?


Unlike one-trick EAs, Dragon Gold EA evolves with market conditions—no more stale settings. It’s 100% free, backed by regular updates from our devs at YoForex, and boasts an active trader community on Telegram and WhatsApp. Check out our About Us page to learn more about our mission.


Support & Disclaimer


Need a hand? Ping us on WhatsApp at https://wa.me/+443300272265 or join our Telegram group: https://t.me/yoforexrobot.
Disclaimer: Past performance doesn’t guarantee future results. Always demo-test before trading live and only risk what you can afford to lose.


Call to Action


Ready to unleash the dragon on gold? Download Dragon Gold EA V2.1 MT4 now and start capturing those bullion profits today—with unlimited support via WhatsApp & Telegram!